47,320,000,000 XRP Locked In: What’s Happening?

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Ah, the ever-mysterious world of cryptocurrency, where fortune favors the bold and the whales appear to be taking a rather lavish swim. The fourth-largest digital asset, XRP, is making waves with a remarkable 47.32 billion of its tokens securely tucked away in wallets that boast at least one million XRP each. Truly, it seems that the rich are growing richer — in digital form, of course.

According to the ever-watchful analysts at Santiment, XRP has surpassed a seven-week high, crossing the $2.39 mark for the first time since the dark days of May 23. But wait, it’s not just the price that’s exciting. Oh no, it’s the hoarding! A surge in accumulation from those mighty crypto whales suggests that XRP is not just a fleeting fancy, but rather a robust investment — or at least they hope so. 🐳

🐳 XRP’s market value has hit a 7-week high, crossing above $2.39 for the first time since May 23rd. What to watch for are the rising number & collective balances of whales holding at least 1M $XRP.

There are currently 2,742 wallets holding at least 1M XRP, one off from…

— Santiment (@santimentfeed) July 9, 2025

Now, for those of you keeping score, there are a grand total of 2,742 wallets housing at least one million XRP. Yes, just one shy of breaking the record — how tragic. But these wallets collectively hold a jaw-dropping 47.32 billion XRP, which, in case you were wondering, is a number so large it might just be a bit difficult to wrap your head around. Imagine trying to count that much… you’d need a calculator, a lot of patience, and perhaps a small army.

As the price continues its upward climb, and the whales’ appetites grow insatiable, one can’t help but wonder what’s next in this aquatic tale of digital fortunes.

What Comes Next?

Ah, yes, the question we all long to answer. As of now, XRP is up 4.31% in the last 24 hours, reaching the prestigious price of $2.43, and a rather nice 6.53% increase over the past week. But here’s the cherry on top: XRP has been steadily increasing for three days, reaching a lovely $2.459 during Thursday’s early hours. It’s almost as if it’s… on a roll?

Why, you ask? Ripple has just announced that it’s selected the venerable Bank of New York Mellon as the primary custodian for its U.S. dollar-pegged stablecoin, RLUSD. How thrilling! If you were wondering what the catalyst for this sudden rise was, well, there you have it.

And as XRP’s price hits the seven-week high, Santiment’s advice is clear: keep your eyes peeled on the rising number of whale wallets and their burgeoning balances. The whales seem to know something that we mere minnows do not. 🐋

But what of the future, you ask? According to Ali, a rather astute cryptoanalyst, XRP is showing bullish momentum. With key resistance levels breaking like glass underfoot, the next target is $2.60. Should the bulls manage to sustain their current momentum and push past that lofty number, we could very well be looking at targets above $3.00. Who’s to say? The crypto world is nothing if not unpredictable, and if the sentiment remains positive, well, we may just be in for a thrilling ride.

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2025-07-10 16:04